★Coinbase launches stock perpetual futures for ‘Magnificent 7’ names, including Apple, Tesla and Nvidia, expanding ‘everything exchange’ push

"Coinbase's expansion into traditional equity derivatives for non-U.S. users signals a convergence of crypto and legacy financial markets, potentially attracting significant capital flows from global retail and institutional traders seeking diversified, 24/7 exposure. This move pressures traditional exchanges and highlights the evolving regulatory arbitrage landscape, as crypto platforms increasingly offer products mirroring regulated securities markets. It also positions Coinbase to capture a broader share of global trading volume, impacting market liquidity and competitive dynamics."